China Woos Overseas Companies, Looking for Deals – New York Times 12-11-12

Salient to Investors:

Thomson Reuters reports Chinese acquisitions overseas is up 28 percent from the same period a year ago in dollar volumes versus a 2.8 percent global slump in M&A volume overall.

André Loesekrug-Pietri at A Capital sees an acceleration but not an immediate flood of transactions. The real surge is likely to happen by next summer, experts said.

Michael Weiss at Morgan Stanley doesn’t see a desire to buy minority stakes, more it’s the thing to do.

Nancy McLernon at the Organization for International Investment said many Chinese companies in particular have not taken into account the need to be in touch with Washington policy makers about their needs – those who do, fare best.

Read the full article at http://dealbook.nytimes.com/2012/12/11/china-woos-overseas-companies-looking-for-deals/?nl=todaysheadlines&emc=edit_th_20121212